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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle B - Regulations Relating to Public Lands |
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Chapter II - Bureau of Land Management, Department of the Interior |
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SubChapter C - Minerals Management (3000) |
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Part 3500 - Leasing of Solid Minerals Other Than Coal and Oil Shale |
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Subpart 3513 - Waiver, Suspension or Reduction of Rental and Minimum Royalties |
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Suspension of Operations (Economic Concerns) |
§ 3513.33 - When will my suspension of operations (economic concerns) take effect?
Latest version.
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§ 3513.33 When will my suspension of operations (economic concerns) take effect?
Your suspension will be effective on the date BLM specifies. You do not have to pay royalty on minimum annual production beginning on the first day of the next lease month after the suspension becomes effective. If the effective date is the first of the month, you may stop paying royalty on minimum annual production on that day.